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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: JRI who wrote (948)2/23/2001 1:56:14 PM
From: JD  Read Replies (1) of 52237
 
And quite a few meetings behind closed doors this weekend too.....Greenie will want to line up 'support' if he moves in with a rate cut. The so-called PPT will be appraised of the plan this weekend, so they can get long at the individual investors expense, and be able to profit in the bounce. That will be motivation to support Greenie, and he will not want to take the chance that his cuts do not cause an immediate up response.
If we get close to the 2K/10K levels, will offer a potential nice long trade regarding stop loss.....but it will be just putting off the inevitable. This bubble (true bubble is the credit bubble: newaus.com.au started in '95, the 98' levels are just the first long term down target, IMO.
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